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BUSINESS & FINANCE

Energy producers are showing the first significant signs of scaling back their output of natural gas, responding to a glut that sent prices to the lowest level in more than a decade.

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Chesapeake Energy's CEO apologized to shareholders for allowing his personal finances to cause what he called distractions, but the gas driller's stock slid 15% amid worries about the firm's financial picture.

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Carlyle Group cut the price of its IPO, a possible sign of the skepticism some investors have toward the private-equity business.

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India's top two importers of crude oil from Iran plan to reduce shipments, an important victory for the sanctions effort against Tehran.

WORLD-WIDE

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Clashes in Cairo left at least 11 dead as tensions rose. Witnesses said a group of plainclothes "thugs" attacked antimilitary demonstrators. The Muslim Brotherhood blamed Egypt's military for the violence. The military didn't comment on the allegations but said it had intervened to halt the clashes.